Jessica Fiur is the editor-in-chief at Multi-Housing News and Commercial Property Executive and writes the award-winning blog What Renters Want.
Jessica has been with the company since 2011 and previously was with Weekly Reader and IQPC. Contact Jessica at jessica.fiur@cpe-mhn.com, on Twitter @jfiur or on LinkedIn https://www.linkedin.com/in/jessicafiur/.
$53M Earmarked for Bronx Senior Housing Renovations
A joint venture is refinancing Fort Schuyler House, a 138-unit development. Plans call for $15.5 million in capital repairs, and the property will preserve affordability for its residents.
Greystar Develops 286-Unit FL Community
Elan Rosemary in Sarasota is nearing completion. Designed by Meeks + Partners, the property will include a pool, courtyard with grilling stations and an outdoor bar, and a fitness center with Fitness on Demand.
Love Funding Secures $22M for NC Project
Located in Charlotte, Preserve at Mountain Island consists of 15 buildings and 240 units. Among other high-end amenities, the community will offer boat storage for residents.
Foxford Kicks Off IL Condo Construction
Located in Western Springs, the transit-oriented development will include 28 units, and each include a parking spot in the community’s heated garage.
Boston Community Commands Record-Breaking Price
CLPF Residences at Seaport has acquired Watermark Seaport from Skanska and Twining Properties for $60 million. The deal represents the highest price paid per unit for a multifamily project in the city.
Development Predictions for 2018
Since coming aboard as managing director of Transwestern Development Company in 2013, Mark Culwell has provided oversight in the execution of the development plan for approved projects. MHN speaks to the executive about what he expects this year.
Allied Orion to Manage 2 AL Properties
The Housing Authority of Birmingham District has tapped the company for Roosevelt City Apartments and Benjamin Green Village. The public-housing communities total 118 units.
JV Completes CA Workforce Housing
Orange Housing Development Corp. and C&C Development have developed Lemon Grove Apartments in Orange, which includes three four-story buildings.
Draper and Kramer Opens St. Louis Apartments
The Flats at EVO include 46 townhomes in Richmond Heights, Mo. This marks the second phase of EVO, which features an adjacent four-story, 281-unit community that opened last year.
Using Airbnb to Your Advantage
Although there is pushback from the apartment industry, small-balance owners can utilize the service to their advantage and earn additional income with relatively little risk.